Stats: 3,185,865 members, 7,927,561 topics. Date: Wednesday, 21 August 2024 at 04:59 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4604096 Views)
Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
(1) (2) (3) ... (1467) (1468) (1469) (1470) (1471) (1472) (1473) ... (2259) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by ojesymsym: 12:57pm On Aug 04, 2020 |
DexterousOne vs Iogobenz promises to be interesting and explosive. I'll seat back on this one. DexterousOne: 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:01pm On Aug 04, 2020 |
ojesymsym: If the Nigerians cannot sit up and build their own businesses up to par, whose fault is this? When we did the "Indigenisation policy" and we drove the foreigners out What we did was to hand over businesses to cronies who had no idea on how to run it , nor the discipline to run it Thirty years after, most of those businesses were already under, while their parent company abroad was still waxing stronger The same play was made in Uganda when Idi Amin chased those Asian business people out, and black (let me resist the urge to use that word I want to use) people took over, Uganda became a shithole immediately and most of the businesses failed You see my point? It's not about crying about FDIs We need to condition our mentality to be productivity based, and legacy based, not seeing the business as a cash cow to live big and carry women 4 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:02pm On Aug 04, 2020 |
ojesymsym: Not sure I'll engage him as much I'm just going through the backlog of messages And replying accordingly |
Re: Treasury Bills In Nigeria by Druss(m): 1:05pm On Aug 04, 2020 |
Wrt foreign investments, one thing I like is that they force our businesses to evolve. Nigeria has a way to go commercially and industrially. At times I feel our capability in those areas is getting worse. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:13pm On Aug 04, 2020 |
Kingsway stores, UTC stores and Leventis stores were foreign owned Businesses with Branches all over the country before they became Nigerian owned Businesses due to Obasanjo indigenization policy of 1976. Where is Kingsway, Leventis and UTC, they have now been converted to Churches and warehouses 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:17pm On Aug 04, 2020 |
emmanuelewumi: Precisely the point I am making Hand over to Africans More often than not The business dies We dont have the business culture in this part of the world Our people are slaves to enjoyment How this society got hooked to this poverty mentality is what I do not understand at all 6 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:16pm On Aug 04, 2020 |
I will be participating in the tommorow revolution now protests in Abuja ....against insecurity,nepotism,high inflation,corruption,fgn jobs racketeering,poor goverance by buhari lead federal govt .....meeting point unity fountain Abuja....... 24 Likes |
Re: Treasury Bills In Nigeria by maishai: 5:19pm On Aug 04, 2020 |
ahiboilandgas: Oga mi, no waste ur time 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:20pm On Aug 04, 2020 |
maishai:why ? Are we conquered people 4 Likes |
Re: Treasury Bills In Nigeria by Donbrig: 5:24pm On Aug 04, 2020 |
If we don't waste few minutes/hours to protest for our right and good governance, we will waste our entire future in misery. maishai: 16 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:39pm On Aug 04, 2020 |
Donbrig:thanks u can participate online too via sending a veodeo of protests........americans are protesting,brits are protesting,yellow vest are protesting .....Nigerians are praying and watching big brother Nigeria ....while hosting over 100m people counting ... 14 Likes |
Re: Treasury Bills In Nigeria by Donbrig: 5:45pm On Aug 04, 2020 |
I am not too comfortable when people say Nigerians cannot thrive to sustain a business for several generations. Nigeria is gonna be 60yrs old in two months time. How many private businesses or companies did we have in Nigeria before and after independence that didn't survive till date? I know Nigerians are not the most disciplined folks on earth, especially when it comes to money and business, but we must also understand that there are small scale businesses that have succeeded several generations, these businesses might not be popular enough to know they had existed successfully for decades. Before and after our independence, farming was the major business in Nigeria, I bet that there are still successful farmlands all across Nigeria that have survived for decades from one generation to another. My family is still farming on the same acres of lands my great-great-grandfather farmed on. Now that Nigeria is learning things the hardest way, and about to enter industrial era with indigenous entrepreneurs, as from the year 2060, we could judge Nigerians ability to sustain businesses for generations. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:09pm On Aug 04, 2020 |
Donbrig: Read " The making and makers of Nigerian private enterprise" by Tom Forrest. There are Nigerian owned Businesses as far back as 1930. I will send a summary of some of Businesses to you tomorrow by God's grace, most of the Businesses are now dead. Mainwhile some Indian and Lebanese owned Businesses that started around that time are still existing and bigger 3 Likes
|
Re: Treasury Bills In Nigeria by ojesymsym: 6:21pm On Aug 04, 2020 |
What then can we do differently? Most business owners send their kids to school to become regular professionals and usually don't groom them in their businesses. emmanuelewumi: 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 6:27pm On Aug 04, 2020 |
ahiboilandgas:Lol...Everything in Nigeria is Connection, including Hatred... Somebody will just hate you through Somebody, even without any reason. 13 Likes |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 6:31pm On Aug 04, 2020 |
ahiboilandgas:Hope you have a clear map of the area in case in turns violent; you have a clear mission but some among you will be definitely hired to cause violence and the security agents will just be shooting teargas anyhow. Make sure you have the medical and physical fitness before joining any protest. 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:38pm On Aug 04, 2020 |
ojesymsym: If your business is built with proper structure It will survive with or without your kids running it Many of the businesses in Eurppe that survived centuries The descendants of their founders are not running the business but shareholders in it The structure is key That's why I'm always in favour of listing companies when they get to a certain size That way the legacy can keep going 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:39pm On Aug 04, 2020 |
Donbrig: Well said |
Re: Treasury Bills In Nigeria by missjekyll: 6:39pm On Aug 04, 2020 |
ahiboilandgas:. Ahibo,are you serious? Respect ,Mon. Maximum respect. I am actually at work but I have been thinking of taking a picture of me wearing a revolution now shirt. Nigeria breaks my heart every day. The hardship is unbearable. 11 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:41pm On Aug 04, 2020 |
Donbrig: What I said is the truth And its based on empirical facts (based on the so many businesses that have failed once they were handed over to Nigerians to run) The fact on the ground does not care about how we feel. It is what is Look at the lifestyle of a typical entrepreneur in Nigeria That speaks volumes 5 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 6:44pm On Aug 04, 2020 |
They are many successful family business in Europe and Asia, not all of them are listed or want to be listed. DexterousOne: |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:48pm On Aug 04, 2020 |
ojesymsym: Based on what I know The biggest family businesses in Europe do not have their descendants ACTIVELY running it Yes there are some who still have family members ACTIVELY running it But for many They just structures the business such that they own the shares (well majority of it) and sell the rest to the public Key word ACTIVELY RUNNING IT |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:50pm On Aug 04, 2020 |
ojesymsym: Looking at dangote group for example Do you think all his family members will be actively running the business three generations from today? They have built the structure such that the business can run WITH or WITHOUT them That's the key Goldman Sachs started as family business Are the descendants of Goldman or Sachs actively running the behemoth today? The answer is NO But their legacy lives on And its growing leaps and bounds 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:50pm On Aug 04, 2020 |
ojesymsym: That was their undoing. The old richmen and businemen were not educated, they gave their children the best education in Europe and United States and their children became judges, lawyers, Professors, doctors, Engineers, civil servants and diplomats. The education was not to enable the children grow the business unlike their Indian and Lebanese counterparts |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:52pm On Aug 04, 2020 |
As far back as 1927 Dangotes grand father was the biggest customer of British Bank of West Africa, which later metamorphosed to First Bank of Nigeria |
Re: Treasury Bills In Nigeria by ojesymsym: 6:53pm On Aug 04, 2020 |
Which leads me to believe they secretly envied those professionals despite being richer than them. emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:54pm On Aug 04, 2020 |
DexterousOne: Same with Nestle, Cadbury, Unilever, PZ etc. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:55pm On Aug 04, 2020 |
ojesymsym: Inferiority complex. They felt business or trading was demeaning. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:56pm On Aug 04, 2020 |
missjekyll:very serious......i attended the Lagos one by stadium but crowd not much....am am on ground in Abuja am here tomorrow 8 am..... 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:59pm On Aug 04, 2020 |
emmanuelewumi: If the business was structured in such a way that each child had a share in it Like shareholdings They could keep the company going By appointing managers who will run the business And they vote out any incompetent management Our small mindedness and the insistence to do things in a certain way contributed to no small measure to the death of these companies |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:03pm On Aug 04, 2020 |
Sholapey: This cracked me up 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:21pm On Aug 04, 2020 |
DexterousOne: Structure won't come in immediately. Most started as a one man family business, in most cases it is the children who usually take the business to the next level based on their education in business schools |
(1) (2) (3) ... (1467) (1468) (1469) (1470) (1471) (1472) (1473) ... (2259) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: 6 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66 |